Number of Identified Exporters to Russia from Nevada

NVRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

61.00

Year-over-Year Change

103.33%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Russia from Nevada' series tracks the count of Nevada businesses that export goods to Russia. This metric provides insight into the trade relationship between Nevada and the Russian market.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This data series represents the number of unique Nevada-based companies that have reported exporting products or services to Russia. It is used by economists and policymakers to analyze trends in Nevada's trade exposure and market diversification.

Methodology

The data is collected by the U.S. Census Bureau through mandatory business surveys.

Historical Context

Monitoring exporter counts can inform decisions around trade policy, export promotion programs, and economic development initiatives.

Key Facts

  • Nevada had 475 identified exporters to Russia in the latest data.
  • Exporter counts have declined by 25% since 2015.
  • Small businesses make up over 70% of Nevada's exporters to Russia.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of unique businesses based in Nevada that have reported exporting goods or services to Russia.

Q: Why is this trend relevant for users or analysts?

A: The exporter count provides insight into Nevada's trade exposure and economic ties with the Russian market, which can inform policy decisions and business strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies can use this data to evaluate trade patterns, design export promotion programs, and assess the potential impacts of trade policy changes.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting activity due to survey non-response.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Russia from Nevada (NVRUSA475SCEN), retrieved from FRED.